Japan Asia Investment Income Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	1,691	3,092	2,444	3,872	3,204	3,709
Revenue Growth (YoY)	-49.48%	26.51%	-36.88%	20.85%	-13.62%	-6.10%
Cost of Revenue	1,268	1,886	2,279	2,453	1,971	2,516
Gross Profit	423	1,206	165	1,419	1,233	1,193
Selling, General & Admin	701	1,023	1,129	1,236	1,310	1,203
Other Operating Expenses	77	77	187	172	160	152
Operating Expenses	778	1,100	1,316	1,408	1,470	1,355
Operating Income	-355	106	-1,151	11	-237	-162
Interest Expense	-332	-192	-176	-188	-255	-328
Interest & Investment Income	4	3	5	6	11	53
Earnings From Equity Investments	2	1	-	-	-	-
Currency Exchange Gain (Loss)	14	228	13	33	65	26
Other Non Operating Income (Expenses)	-7	-6	5	10	3	10
EBT Excluding Unusual Items	-674	140	-1,304	-128	-413	-401
Gain (Loss) on Sale of Investments	-	-31	-	-	-8	-21
Gain (Loss) on Sale of Assets	46	649	-	-	836	622
Asset Writedown	-	-82	-34	-	-	-
Other Unusual Items	-2	26	32	1	1	7
Pretax Income	-630	702	-1,306	-127	416	207
Income Tax Expense	1	213	5	45	4	16
Earnings From Continuing Operations	-631	489	-1,311	-172	412	191
Minority Interest in Earnings	26	-89	-389	-123	-393	-158
Net Income	-605	400	-1,700	-295	19	33
Net Income to Common	-605	400	-1,700	-295	19	33
Net Income Growth	-	-	-	-	-42.42%	-90.38%
Shares Outstanding (Basic)	22	21	18	18	18	18
Shares Outstanding (Diluted)	22	21	18	18	18	18
Shares Change (YoY)	11.82%	19.30%	-	-0.42%	0.07%	0.07%
EPS (Basic)	-27.05	18.94	-96.03	-16.66	1.07	1.86
EPS (Diluted)	-27.05	18.94	-96.03	-16.66	1.07	1.86
EPS Growth	-	-	-	-	-42.42%	-90.37%
Free Cash Flow	-	1,427	456	157	-145	1,680
Free Cash Flow Per Share	-	67.57	25.76	8.87	-8.16	94.57
Gross Margin	25.01%	39.00%	6.75%	36.65%	38.48%	32.16%
Operating Margin	-20.99%	3.43%	-47.09%	0.28%	-7.40%	-4.37%
Profit Margin	-35.78%	12.94%	-69.56%	-7.62%	0.59%	0.89%
Free Cash Flow Margin	-	46.15%	18.66%	4.06%	-4.53%	45.30%
EBITDA	-309	152	-1,105	66	-199	-133
EBITDA Margin	-18.27%	4.92%	-45.21%	1.70%	-6.21%	-3.59%
D&A For EBITDA	46	46	46	55	38	29
EBIT	-355	106	-1,151	11	-237	-162
EBIT Margin	-20.99%	3.43%	-47.09%	0.28%	-7.40%	-4.37%
Effective Tax Rate	-	30.34%	-	-	0.96%	7.73%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.